Solar has been having a moment over the past few years, with adoption among homeowners up by a great percentage. Homeowners are catching on that not only does this form of renewable energy help the planet, but it also can help cut their energy bill immensely.
All it takes is that initial investment, but how much is that, really? If you’re on the fence about making a change, you might be curious: how much does it cost to go solar?
The answer isn’t always so black and white, but understanding how solar is priced out can help you determine what the total might be for your home. Read on and we’ll walk you through what you need to know about solar panel costs.
Factors That Determine How Much Does it Cost to Go Solar
When it comes to the cost of solar system installation, one size does not fit all. It’s important to realize that the solar needs and abilities of one home compared to another can be incredibly different.
That means the cost of installation can vary quite wildly, too.
The two main factors that will impact this cost will be the amount of energy a home needs to generate and the access to sunlight that this home has. Homes all have different energy needs, based on size, habits, and general usage within the home.
It’s a good idea to take a look at your electric bills from previous years and see how much energy you were using across a calendar year. This is generally how much energy you’ll want your solar system to be able to create.
The next thing to consider is how much direct sunlight your property gets. The more hours of uninterrupted sun your home gets during the day, the fewer solar panels you’ll need to meet your energy goals.
If your home has a smaller window of direct sunlight, you’ll need more solar panels, and thus the cost of installation will be higher.
Estimating Solar Panel Costs
As you can see, getting to a total of what to expect when it comes to solar panel installation can take a little work. That’s why working with a qualified company can help a lot. For example, going solar with BRS will provide a streamlined process where a professional team will do all of this work for you.
Your average solar panel cost is often $40 per panel, but it all depends on what kind of system you want to be installed. Installation costs will also vary depending on what company you work with and where you are located.
Generally speaking, a solar system installation can cost anywhere between $15,000 and $25,000, but it will all depend on your own needs.
Most installations are available for tax write-offs, incentives, and rebates at the local and federal levels. You might be able to bring your costs down there.
Solar Panel Tips and Advice
If you’re looking to install solar panels at your home in the near future, you probably have a lot of questions like how much does it cost to go solar? The above info can help you to understand the basics. Need more solar panel help? Keep scrolling our blog for more.